Senate Bill 1486 (2005) - The Florida Senate

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CS/SB 1486: Property Insurance

GENERAL BILL by Banking and Insurance ; Garcia ; (CO-INTRODUCERS) Lynn

Property Insurance; revises retention of losses for which insurer is not entitled to reimbursement from Fla. Hurricane Catastrophe Fund; requires that dept. establish low-interest loan program & pilot project for hurricane loss mitigation; creates Task Force on Long-Term Solutions for Fla.'s Hurricane Insurance Market; requires board of governors of Citizens Property Insurance Corporation to submit report to Legislature, etc. Amends FS. APPROPRIATION: $350,000.

Effective Date: 06/01/2005 except as otherwise provided
Last Action: 6/1/2005 - Approved by Governor; Chapter No. 2005-111; See also HB 1939 (Ch. 2005-264), HB 9-A (Ch. 2004-480)
Bill Text: Web Page | PDF

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Bill History

Date	Chamber	Action
2/15/2005	Senate	• Filed
2/24/2005	Senate	• Referred to Banking and Insurance; Judiciary; General Government Appropriations; Ways and Means; Rules and Calendar
3/8/2005	Senate	• Introduced, referred to Banking and Insurance; Judiciary; General Government Appropriations; Ways and Means; Rules and Calendar -SJ 00091; On Committee agenda-- Banking and Insurance, 03/09/05, 9:00 am, 412-K
3/9/2005	Senate	• CS by Banking and Insurance; YEAS 9 NAYS 0 -SJ 00135; CS read first time on 03/10/05 -SJ 00149; Now in Judiciary -SJ 00135
3/10/2005	Senate	• Withdrawn from Judiciary; General Government Appropriations; Ways and Means; Rules and Calendar -SJ 00124; Placed on Calendar, on second reading
3/17/2005	Senate	• Placed on Special Order Calendar -SJ 00227; Read second time -SJ 00222
3/18/2005	Senate	• Read third time -SJ 00235; CS passed; YEAS 37 NAYS 0 -SJ 00235
3/22/2005	House	• In Messages
5/6/2005	House	• Received -HJ 01579; Read second time -HJ 01580; Amendment(s) adopted -HJ 01580; Read third time -HJ 01594; CS passed as amended; YEAS 99 NAYS 17 -HJ 01623
5/6/2005	Senate	• In returning messages; Concurred -SJ 01645; CS passed as amended; YEAS 38 NAYS 1 -SJ 01659; Ordered engrossed, then enrolled -SJ 01659
5/24/2005		• Signed by Officers and presented to Governor
6/1/2005		• Approved by Governor; Chapter No. 2005-111; See also HB 1939 (Ch. 2005-264), HB 9-A (Ch. 2004-480)

Related Bills

Bill Number	Subject	Filed By	Relationship	Last Action and Location
S 1488 (e1)	Property Insurance	Garcia	Similar	Last Action: 5/6/2005 S Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/SB 1486 (Ch. 2005-111), HB 1939 (Ch. 2005-264)
H 365		Russell	Compare	Last Action: 5/6/2005 H Died in Committee on Justice Appropriations (FC), Link/Iden/Sim/Compare passed, refer to CS/SB 1486 (Ch. 2005-111)
H 507	Property & Casualty Insurance	Gannon	Compare	Last Action: 5/6/2005 H Died in Committee on Insurance (CC), Link/Iden/Sim/Compare passed, refer to CS/SB 1486 (Ch. 2005-111)
H 1295		Sorensen	Compare	Last Action: 5/6/2005 H Died in Committee on State Administration Appropriations (FC), Link/Iden/Sim/Compare passed, refer to CS/SB 1486 (Ch. 2005-111)
H 1317	Personal Lines Residential Insurance	Negron	Compare	Last Action: 5/6/2005 H Died in Committee on Insurance (CC), Link/Iden/Sim/Compare passed, refer to CS/SB 1486 (Ch. 2005-111)
H 1745 (e1)	Residential Property Insurance	Ross	Compare	Last Action: 5/6/2005 S Died in Committee on Banking and Insurance, Link/Iden/Sim/Compare passed, refer to CS/SB 1486 (Ch. 2005-111)
H 1859 (e2)	Obsolete/Outdated Agency Reports	Kottkamp	Compare	Last Action: 5/6/2005 S Died in Committee on Governmental Oversight and Productivity, Link/Iden/Sim/Compare passed, refer to HB 345 (Ch. 2005-120), HB 775 (Ch. 2005-82), HB 989 (Ch. 2005-158), HB 1305 (Ch. 2005-207), HB 1717 (Ch. 2005-210), HB 1917 (Ch. 2005-263), CS/CS/SB 186 (Ch. 2005-169), CS/CS/CS/SB 360 (Ch. 2005-290), CS/SB 720 (Ch. 2005-172), CS/CS/SB 838 (Ch. 2005-133), CS/CS/CS/SB 1476 (Ch. 2005-222), CS/SB 1486 (Ch. 2005-111), CS/CS/SB 1650 (Ch. 2005-255), CS/SB 2610 (Ch. 2005-152)
H 1937 (e2)	Property Insurance	Ross	Compare	Last Action: 5/6/2005 S Died in Committee on Banking and Insurance, Link/Iden/Sim/Compare passed, refer to HB 1939 (Ch. 2005-264), CS/SB 1486 (Ch. 2005-111)
H 1939 (e1)		Ross	Compare	Last Action: 6/17/2005 Approved by Governor; Chapter No. 2005-264; See also CS/SB 1486 (Ch. 2005-111)
S 1158	Property & Casualty Insurance	Klein	Compare	Last Action: 5/6/2005 S Died in Committee on Community Affairs, Link/Iden/Sim/Compare passed, refer to CS/SB 1486 (Ch. 2005-111)
S 1478 (c2)	Public Records & Meetings	Garcia	Compare	Last Action: 5/5/2005 S Placed on Special Order Calendar; Substituted HB 1939 -SJ 01226; Laid on Table, Link/Iden/Sim/Compare passed, refer to HB 1939 (Ch. 2005-264), CS/SB 1486 (Ch. 2005-111)
S 2414	Insurance	Garcia	Compare	Last Action: 4/27/2005 S Withdrawn from Banking and Insurance; Commerce and Consumer Services -SJ 00637; Withdrawn from further cons., Link/Iden/Sim/Compare passed, refer to CS/SB 1486 (Ch. 2005-111) -SJ 00637
S 2536	Sinkhole Investigation Reports	Fasano	Compare	Last Action: 5/6/2005 S Died in Committee on Regulated Industries, Link/Iden/Sim/Compare passed, refer to CS/SB 1486 (Ch. 2005-111)

Version	Posted	Format
S 1486 Filed	2/15/2005 12:38 PM	Web Page \| PDF
S 1486 c1	3/9/2005 1:59 PM	Web Page \| PDF
S 1486 e1	5/9/2005 9:57 AM	Web Page \| PDF
S 1486 er	5/9/2005 5:31 PM	Web Page \| PDF

Committee Amendments

No Committee Amendments Available

Floor Amendments

S 1486 c1
Amendments	Sponsor	Filed	Last Floor Action	Format
865571 - Amendment	Ross	5/6/2005 1:55 PM	Senate: Concurred 5/6/2005	Web Page PDF
080366 - S Amend. to H Amend. (865571)	Fasano	5/6/2005 8:35 PM	Senate: Withdrawn 5/6/2005	Web Page PDF
084124 - S Amend. to H Amend. (865571)	Campbell	5/6/2005 10:27 PM	Senate: Withdrawn 5/6/2005	Web Page PDF
740216 - S Amend. to H Amend. (865571)	Campbell	5/6/2005 10:29 PM	Senate: Withdrawn 5/6/2005	Web Page PDF
633828 - S Amend. to H Amend. (865571)	Campbell	5/6/2005 10:29 PM	Senate: Withdrawn 5/6/2005	Web Page PDF
122588 - S Amend. to H Amend. (865571)	Campbell	5/6/2005 10:29 PM	Senate: Withdrawn 5/6/2005	Web Page PDF
660558 - S Amend. to H Amend. (865571)	Campbell	5/6/2005 10:29 PM	Senate: Withdrawn 5/6/2005	Web Page PDF

Type	Analysis	Author	Posted	Format
Bill Analysis	S 1486	Banking and Insurance (Post-Meeting)	3/9/2005 12:00 AM	PDF

Vote History - Committee

Version	Committee	Date	Result
S 1486 Filed	Banking and Insurance	3/9/2005 9:00 AM	9 Yeas - 0 Nays

Vote History - Floor

Vote	Date	Chamber	Result
S 1486 c1	3/18/2005 9:23 AM	Senate	37 Yeas - 0 Nays
S 1486 c1	5/6/2005 4:00 PM	House	70 Yeas - 44 Nays
S 1486 c1	5/6/2005 5:03 PM	House	99 Yeas - 17 Nays
S 1486 c1	5/6/2005 11:26 PM	Senate	38 Yeas - 1 Nays

Citations - Statutes (21)

Citation	Catchline	Location in Bill Location In Bill Help
215.555	Florida Hurricane Catastrophe Fund.
215.559	Hurricane Loss Mitigation Program.
627.062	Rate standards.
627.0628	Florida Commission on Hurricane Loss Projection Methodology.
627.06281
627.0629	Residential property insurance; rate filings.
627.351	Insurance risk apportionment plans.
627.40951
627.411	Grounds for disapproval.
627.4133	Notice of cancellation, nonrenewal, or renewal premium.
627.4143	Outline of coverage.
627.701	Liability of insureds; coinsurance; deductibles.
627.7011	Homeowners' policies; offer of replacement cost coverage and law and ordinance coverage.
627.7015	Alternative procedure for resolution of disputed property insurance claims.
627.702	Valued policy law.
627.706	Sinkhole insurance.
627.7065
627.707	Minimum standards for investigation of sinkhole claims by insurers; nonrenewals.
627.7072
627.7073
627.711

Citations - Constitution (0)

No Constitutional citations.

Citations - Chapter Law (0)

No Chapter Law citations.